The Goods and Services Tax (GST) is an indirect tax in force as of July 1, 2017 across India. The Goods and Services Tax Return (GST) is the filing of taxes through GSTR forms according to the tiles and eligibility criteria. A declaration is a document that contains details of the income that the taxpayer must present to the tax administrative authorities.
To submit or deposit GST returns, GST compliant purchase and sale invoices are required. It is used by tax authorities to calculate the tax liability. Under GST, a registered merchant must file GST returns that include purchases and sales, GST (on sales), and an input tax credit (GST paid on purchases).
Who should submit a GST return request:
All registered companies are required to submit monthly, quarterly and/or annual GST declarations, depending on the type of business.
Based on GST returns, taxpayers manage their companies and businesses across India, whether interstate or intrastate, they are responsible for filing a GST return as determined by the GST Board and Indirect Tax Administration.
GST Returns List:
GSTR-1 - Registered taxable supplier must provide details of deliveries of goods and services that are taxable as affected.
GSTR-2 - Registered taxable recipient must provide details of incoming supplies of taxable goods and services claiming input tax deduction (GSTR-2 deposit facility is not currently available on the online portal).
GSTR-3B - the taxpayer must file the monthly return on the basis of completing the summary details of external supplies and incoming supplies in addition to paying the tax amount.
GSTR-4 (CMP 08) - Configuration provider must provide quarterly refund of payment deposit.
We use necessary and (optional) analytics cookies on our websites to analyze traffic and personalize content.
do not want us to use optional cookies. We will set a cookie on your device to remember and honor your preference.1